Subject market

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Subject market

Quote in which prices are subject to confirmation. See: Fast market.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Subject Market

An exchange or financial market in which quotes given are tentative and subject to confirmation. An example of a subject market is a fast market, in which there is so much volatility and trades occur so rapidly that market orders may be executed at a different price from the price at the time the order was placed. Subject markets can be risky.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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It breaks the subject markets into key categories, including literary agents, book publishers, small presses, consumer magazines, trade journals, and contests and awards.